The Consumer Goods sector company, BRP Inc. SV (DOO), has received a rating update from a Wall Street analyst today. Analyst Mark Petrie from CIBC remains bullish on the stock and has a C$50 price target.
Petrie has an average return of 12.5% when recommending BRP Inc. SV.
According to TipRanks.com, Petrie is ranked #243 out of 5246 analysts.
Currently, the analyst consensus on BRP Inc. SV is a Strong Buy with an average price target of C$54.33, representing a 51.4% upside. In a report released today, UBS also maintained a Buy rating on the stock.
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The company has a one-year high of C$74.67 and a one-year low of C$32.36. Currently, BRP Inc. SV has an average volume of 230.7K.
BRP, Inc. is a holding company, which engages in the design, development, manufacture, distribution, and marketing of power sports vehicles and marine products. Its brands include Ski-Doo, Lynx, Sea-Doo, Evinrude, Rotax, Can-Am, and Alumacraft. The company was founded on May 1, 2003 and is headquartered in Valcourt, Canada.
The company’s shares closed on Monday at C$35.88, close to its 52-week low of C$32.36.
